Also HOAs have their own restrictions.

In the early 90s there were covenants and restrictions that were filed with the city and it states that the only style of exterior allowed is brick, stone, or wooden plank.

Looking on the MLS, it seems like there is opportunity to invest in Multifamily properties in Seaside heights. 2 family Properties a block from the beach and boardwalk are going for around 300k.

Recently the County has been making noise about restricting short term rental to 6 months (there is a law in place that has not been enforced).

For it to work and be attractive to an investor, I'd recommend these tips:- Keep rents close to market rateIf you're in a seller's market, try to restrict showings to serious investors - those who have financing lined up and are willing to make an offer subject to inspection- Provide tenant some flexibility for show times  - for example a time window for weekday and a weekend. . 

It is a small acreage in a neighborhood with deed restrictions against operating a business out of your home. 

When something is going on in the free market that you don't like, you want the government to restrict it or eliminate it all together.

Purchased a multi fam in jersey city heights in 2016 and in those short 3 years, the area has completely turned for the better.

With the new Facebook restrictions you cannot target by specific zip codes any more. 

Originally posted by @Tom Hertz: You can actually loans finance Investor rental property one of 3 Major ways:1-Fannie Mae/Freddie Mac Conventional Lending, the most restrictive of all funding2-Non-QM Lending (Non Qualified Mortgage) Residential lending 1-4 units (the most lenient type of funding) with only slightly higher rates3- Non-QM lending Commercial Lending, 5+ Units ( YES you can get 30 year fixed mortgage)Depending on your goals your choice could be any of the 3.